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    Exam 19: Factor Markets and the Distribution of Income
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    The Labor Demand Curve in a Perfectly Competitive Factor Market
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The Labor Demand Curve in a Perfectly Competitive Factor Market

Question 149

Question 149

Multiple Choice

The labor demand curve in a perfectly competitive factor market is the horizontal sum of all firms' _____ product of labor curves.


A) marginal
B) value of the marginal
C) marginal physical
D) average physical

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